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Goldman plans buffered commodity-linked notes on S&P GSCI Enhanced
By Jennifer Chiou
New York, Aug. 2 - Goldman Sachs Group, Inc. plans to price 0% buffered commodity index-linked notes due in 24 to 28 months tied to the S&P GSCI Enhanced Commodity Index Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par any index gain, capped at 27% to 31%.
Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.
Goldman Sachs & Co. is the agent.
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